Real Estate News

  • New luxury hotel slated for GreenStreet New luxury hotel slated for GreenStreet A new 225-room hotel is scheduled to open in late 2016 at downtown Houston's GreenStreet mixed-use development, according to CultureMap Houston. March 31st, 2014 6:07am
  • Bill proposes replacement to Fannie Mae, Freddie Mac Bill proposes replacement to Fannie Mae, Freddie Mac The top U.S. House Financial Services Committee democrat, Representative Maxine Waters, introduced a draft proposal March 27 which would wind down mortgage backers Fannie Mae and Freddie Mac over a period of several years, replacing them with a lender-own March 28th, 2014 7:36am
  • Houston commercial real estate going strong Houston commercial real estate going strong The Houston commercial real estate market is still going strong, as businesses continue to move to and invest in the area. March 26th, 2014 6:55am
  • February home sales slowing February home sales slowing The real estate market is beginning to slow down, falling into line with a more sustainable rate of growth. March 25th, 2014 9:56am
  • April a good time to sell a home April a good time to sell a home Homeowners who are looking to sell their homes often wonder whether they are selling at the right time. March 24th, 2014 7:23am
  • Mortgage rates fall again Mortgage rates fall again Mortgage rates have been bouncing around for the past month, falling one week and rising another. March 21st, 2014 9:51am
  • Home values up in February Home values up in February Despite the shrinking levels of inventory available in the Houston real estate market, there were enough interested buyers to keep single-family home sales positive in February, according to the latest report from the Houston Association of Realtors. March 20th, 2014 8:56am
  • Spring housing market uneven across the country Spring housing market uneven across the country As the housing market recovers, the U.S. is beginning to see the re-emergence of a more location-based market. March 19th, 2014 7:51am
  • More applications for new home purchases in February More applications for new home purchases in February As weather warms up in the U.S., the national real estate market is heating up as well, after a slow start. March 18th, 2014 9:09am
  • CFPB eyeing "zombie" foreclosures CFPB eyeing So-called "zombie" foreclosures have impacted thousands of consumers in the U.S. over the last couple of years, according to Reuters March 17th, 2014 6:49am
  • Forbes: Houston next great global city Forbes: Houston next great global city Forbes released its annual list of top 20 fastest-growing American cities on March 14, and Houston dropped several slots to number 10. March 14th, 2014 7:05am
  • Many renters intend to buy this year Many renters intend to buy this year The Great Recession led to a lot of would-be homebuyers sitting on the sidelines as lending tightened and incomes dropped. March 13th, 2014 8:41am
  • Ground broken on new Hines tower Ground broken on new Hines tower In another testament to the booming Houston real estate market, the international real estate firm Hines broke ground on a 48 story commercial tower March 5, the company said in a press release. March 12th, 2014 6:52am
  • HAMP homeowners to see their monthly payments rise HAMP homeowners to see their monthly payments rise The almost 783,000 homeowners who had their monthly mortgage payments reduced over the last few years under the Home Affordable Modification Program will now have to contend with their rates moving back up, according to CNN Money. March 11th, 2014 11:44am
  • Proposed tax plan would eliminate popular tax breaks Proposed tax plan would eliminate popular tax breaks Rep. David Camp's new tax plan would lower the tax rate for many Americans, but it would also get rid of a number of popular tax breaks, according to the LA Times. March 10th, 2014 6:06am
  • Mortgage rates begin to decline Mortgage rates begin to decline Good news for homebuyers: after a serious year-over-year increase in mortgage interest rates alongside rising home values, interest rates started to decline slightly through the first week in March. March 7th, 2014 6:15am
  • Try your mortgage on for size Try your mortgage on for size Under the new "ability-to-repay" rules, there are limits imposed on how much a potential homebuyer can take out based on his or her income and existing debt. March 6th, 2014 6:35am
  • Institutional investors pushed up home values Institutional investors pushed up home values A significant portion of the gains in home values over the last two years has been attributed to investors in the U.S. real estate market. March 5th, 2014 7:11am
  • Uneven housing recovery to continue for the next five years Uneven housing recovery to continue for the next five years Most industry analysts expect the dramatic recovery in housing values to slow significantly in 2014 as investment slows. March 4th, 2014 6:26am
  • Vacant property fire in Houston Vacant property fire in Houston Authorities are still investigating to find out what caused the three-alarm fire that ravaged a vacant apartment building in north Houston March 2, according to ABC News affiliate KTRK-TV. March 3rd, 2014 5:26am